15 Chateau Dr Rome, GA 30161

Property Details for 15 Chateau Dr

Year built

2009

Property size

7,796 SF

Property type

Hospitality properties

Property subtype

Hotels

Description

This exceptional investment opportunity presents a fee-simple interest in the 45-unit La Quinta Inn & Suites, a three-story hotel located in Rome, Georgia. Built in 2009, this 7,796 square foot property boasts a strong pro-forma NOI of $385,000. The hotel offers a range of amenities including a heated outdoor pool, complimentary continental breakfast, fitness center, free parking, laundry service, and a business center. Guest rooms are equipped with complimentary Wi-Fi, HDTVs, minifridges, microwaves, hairdryers, ironing boards, and coffeemakers. The hotel benefits from a prime location, situated near Inland Container and Mount Berry Square Mall, offering convenient access for travelers. Its proximity to Berry College, downtown Rome (a 2.8-mile drive), and various restaurants and retailers further enhances its appeal. The location also benefits from Rome's strong medical sector, including Floyd Medical Center, Redmond Regional Medical Center, and the Harbin Clinic, as well as a robust technology industry with companies such as Brugg Cable and Telecom, Suzuki Manufacturing of America, and Pirelli Tire. The property is offered unencumbered by debt and management, with the option to retain the current franchise. Minimal capital improvements are anticipated for a new owner. This well-appointed hotel is offered well below replacement cost, presenting a compelling investment opportunity in a thriving regional center. The hotel is conveniently located off US-411 at the foothills of the Appalachian Mountains, with close proximity to the Rome International Speedway.

Location Insight

City

Rome

County

Floyd

State

Georgia

Longitude

-85.1512

Latitude

34.2213